Posted By: Newbie06
Reg E - ATM Dispute - 04/30/21 02:43 PM
We have a customer who always uses a foreign ATM to withdrawal from her account (she lives out of town). She is disputing her ATM withdrawal stating that she didn't receive her money. Our card department started the investigation and sent in the dispute and gave provisional credit. The information that came back to us was that the foreign ATM dispensed the cash and the ATM balanced.
Are we required to eat this money or can we close the dispute and simply say that the investigation indicated the money was dispensed and the ATM balanced?
Are we required to eat this money or can we close the dispute and simply say that the investigation indicated the money was dispensed and the ATM balanced?